In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair could go up.
In addition a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.933375 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.93465 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93574 |
| 2nd High | 0.93501 |
| Next High | 0.93465 |
| Current Price | 0.93314 |
| Next Low | 0.93174 |
| 2nd Low | 0.93011 |
| 3rd Low | 0.92989 |
0.93465 – 0.93461 – 0.93501 – 0.93174 – 0.93217 – 0.93366 —
0.93236 – 0.93261 —
46.907579077383 – 47.270006964557 —
– —
0.93465 – 1764176400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –